In our second buzzITtalk brief, we’re tackling an emerging buzzword in the logistics space, “Hyperlocal Logistics.” At face value, hyperlocal logistics isn’t a novel idea, but rather a rebadging of the maker movement – but digging deeper, one quickly realizes that the gig economy is driving a solution for local delivery that is effectively challenging the established 3PL and logistics operator’s status quo as delivery kings. We’re joined by Joe Oliaro, Managing Director, Global Corporate Services, eCommerce/3PL Advisory at Newmark Knight Frank as he lends his expertise in e-Commerce and logistics to help us quickly understand this new buzzword.
Show Notes
Introductions
Introduction to Joe Oliaro (00:36)
Buzzword introduction – Hyperlocal Logistics (01:18)
Impacting factors
Hyperlocal e-commerce (02:27)
The role of the gig economy (03:33)
The startup angle
Are 3PLs positioned for hyperlocal logistics (06:10)
Size matters in this equation (07:12)
Wrap Up
BUZZWORD – buzzword or action item? (08:56)
Closing Credits (09:58)
Further Readings and Background Research
3 Things you Should Know about Hyperlocal Logistics (SupplyChain24/7)
Why is Hyperlocal Logistics Tricky (Shadowfax)
How hyperlocal logistics startups are the new attraction for investors (Economic Times)
Guest Speaker Details
